- Solid State founder Gordon Comben and ex-director Bill Marsh - both of whom retired from the board at the end of last year - have agreed to sell shares to meet demand from new and existing institutional shareholders.

Comben and Marsh have sold 750,000 and 500,000 shares respectively at 775p apiece. Comben now holds 900,000 shares and Marsh holds 650,000 - 10.8% and 7.8% respectively of the issued share capital.

Chief executive Gary Marsh said: "Following a similar exercise last November, we are once again delighted to be attracting interest from new institutional shareholders and to have the opportunity to satisfy that demand and thereby continue to increase the free market capital of the company."

At 2:32pm: [LON:SOLI] Solid State Plc Ord 5p share price was -60p at 820p

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